Shares of Lara Exploration Ltd. (CVE:LRA – Get Free Report) traded down 12.8% on Thursday . The company traded as low as C$1.02 and last traded at C$1.02. 121,083 shares were traded during trading, an increase of 212% from the average session volume of 38,789 shares. The stock had previously closed at C$1.17.
Lara Exploration Price Performance
The stock has a 50 day simple moving average of C$1.50 and a 200-day simple moving average of C$1.35. The firm has a market cap of C$63.28 million, a PE ratio of -361.64 and a beta of 0.31.
About Lara Exploration
Lara Exploration Ltd., through its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, silver, iron, phosphate, titanium, vanadium, tin, lead, and zinc deposits. It holds interest in the Planalto copper project located in the Carajás Mineral Province of northern Brazil.
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